The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Online lottery for anti poverty programmes. Short on funds the once financially strong state is trying to beguile lady luck. Close on the heels of Sikkim and Karnataka, Maharashtra has hit the road with its online lottery, Megawin Bonus Ball.
Human Resource Development Minister Murli Manohar Joshi has taken a big gamble. He has drawn up a massive Sarva Shikha Abhiyan (SSA) plan for the current fiscal in which his ministry along with the states need to pump in Rs 8,167 crore. But his budgetary allocation for this year under …
Despite increasing the financial provision from Rs 9,095 crore in 1997-98 to Rs 14,070 crore in 2003-04, the Centre has been losing control over a host of schemes aimed to upgrade the rural sector.
the 12th Conference of Parties (cop-12) to the Convention on International Trade in Endangered Species (cites), held in Chile between November 3 and November 15, breathed a fresh lease of air into wildlife management. It brought sustainable use and economic incentives back on the agenda. Three African states were allowed …
The role played by soil, water and forests in our environment needs to be correctly understood and the first step in this process of understanding is to promote 'water literacy' among the people, according to Mr Shree Padre. Speaking at a programme on water conservation jointly organised by the Association …
Stating that the Indian economy has the potential to grow at a much faster rate, chairman of Reliance Industries Mukesh Ambani said that India can triple its GDP growth rate to 15 per cent in next 20 years. This, according to Ambani, can be achieved by increasing agriculture production and …
Die-hard globalisation advocate, Prof Jagdish Bhagwati has said that economic globalisation was perhaps the best way, if not the only one, to reduce poverty and promote egalitarianism in society. Delivering the 12th C.D. Deshmukh Memorial Lecture instituted by the Reserve Bank of India here on Thursday, Prof Bhagwati, who teaches …
The Prime Minister, Atal Behari Vajpayee expressed concern over the slow pace of progress in many areas of the economy including removal of Inspector Raj, Centre-State fiscal problems, labour and power sector reforms as well as infrastructure investments. "We need to move more rapidly in these areas," he said.
The severe indictment of the Orissa Government by the N.C. Saxena Commission for large scale corruption and irregularities in the implementation of anti-poverty schemes has not come a day too soon. On the face of it, the two member commission, appointed by the Supreme Court, has confirmed the allegations made …
The Department of Urban Administration and Development organised a workshop in connection with obtaining financial assistance from Asian Development Bank for six cities of the state under Integrated Urban Development Programme.
The UNICEF has committed US $2.7 million in projects that will look into the health nutrition, education, early care and development and rights of Bhutanese children.
A bountiful monsoon may have raised the prospects of higher agricultural production this fiscal, but the sector is stuck on a low growth trajectory. Public investment has dropped: In 1994-95, it amounted to Rs 4,947 crore and was marginally lower in 2001-02 at Rs 4,794 crore. Gross capital formation (public …
Scientists have reported two advances in the controversial field of stem cell research. Biologists in china have fused human cells with rqabbit eggs, creating a hybrid from whcih they have extracted stem cells. And researchers in the UK have grown stem cells for the first time from spare human embryos …
A global space summit, bringing together space scientists and representatives of several space agencies, space transportation, satellite technology and experts on space applications, will be a unique feature of the 90th Indian Science Congress beginning in Bangalore on January 3.
If the latest report of the World Bank is to be believed, the new year may usher in an economic recovery, though not on a scale earlier anticipated. After an exceptionally slow growth in 2001 and 2002, says the bank report, global GDP is expected to rise by 2.5 [per …
Asia's economic growth is expected to remain flat in 2003 with India, China, South Korea and Vietnam projected to lead the region's growth, the Asian Development Bank (ADB) said on Thursday. The Manila-based bank forecast that the region would expand 5.6 per cent next year, the same as expected in …
Future prospects for the South Asian region are brighter than before. According to a new World Bank report, "Global economic prospects and the developing counties 2003: Investing to unlock global opportunities', South Asia should be able to achieve an average GDP growth of 5.4 per cent in 2003 and 5.8 …
Analyse this: despite a war torn economy, Sri Lanka is still light years ahead of India when it comes to caring for its children. Unicef's "the State of the World's children, 2002', ranks India at 54 way below the island nation at 130. Of course, comparisons such as these are …
The Union Ministry of Rural Development and Department of Land Resources has jointly approved an ambitious plan for the integrated development of 5,252 hectares of land falling under 34 villages in Kharar sub division which is to be implemented within four years.
